INVESTOR BRIEF PROJECT AT A GLANCE
INTRODUCING DAMAC TOWER NINE ELMS, LONDON A new level of luxury has arrived in the heart of London. In an exclusive partnership with Versace Home, DAMAC Tower brings you the ultimate in branded living experiences. Branded residences by Versace Home Stunning views across London from 50 storeys Residents facilities on the 23rd floor Zone 1 location WHY INVEST IN LONDON? The city presents a cosmopolitan safe haven amidst a backdrop of global and political instability The market is underpinned by a fundamental demand for supply The UK has a strong legal structure and robust asset protection London boasts a multi-cultural society The City of London is the world s leading financial district The UK offers a world-class education system and London has some of the best schools and colleges The city has four main airports in close proximity and is centrally located between Asia and America
LOCATION Nine Elms LOCAL AUTHORITY Lambeth Council TENURE 999-year lease WORLD-CLASS DESIGN TEAM 1. Lead Architect: Kohn Pedersen Fox (KPF) 2. Interior Designer: Versace Home RESERVATION PROCEDURE Payment structure The Reservation Fee is 5,000 Exchange contracts within 21 calendar days of reservation Assignment - only two assignments will be permitted, and only after 25% of the purchase price has been paid; should purchasers want to assign, no use of marketing IP will be allowed without the express permission of Nine Elms Property Limited; allowed only after six months from exchange; legal / admin fees of 750 will be charged The VNEB (Vauxhall, Nine Elms and Battersea) Opportunity Area is a 195-hectare riverside district and Central London s biggest area of regeneration It s estimated that Nine Elms will provide homes for 30,000 new residents and 25,000 new jobs The area will be home to a new diplomatic quarter, with the United States Embassy relocating there in 2017; and three or four others currently considering the move A 50-acre linear park will link Battersea with Vauxhall, providing a multitude of green spaces adjacent to the Thames Just a short walk from Westminster, a new pedestrian and cycle bridge will span the Thames, and connect Nine Elms with Pimlico Designed by Kohn Pederson Fox (KPF) Interiors by Versace Home Studios, one, two and three bedroom apartments and penthouses over 50 floors All apartments have winter gardens Stunning views of London 8,010 square feet of communal gardens Outdoor sundeck terrace Luxurious 23rd floor swimming pool and Jacuzzi State-of-the-art gymnasium Optional hospitality services including housekeeping and At-Home dining* 24-hour concierge Valet parking THE DEVELOPMENT Four floors of Grade A office space Retail to include shops and restaurants THE NINE ELMS REGION THE DEVELOPER NINE ELMS PROPERTY LIMITED Nine Elms Property Limited is a wholly owned subsidiary of DAMAC International Limited, one of the most established and trusted real estate companies in the Middle East. With 21,700 homes delivered and over 40,000 units at various stages of planning and progress, its credentials are impeccable. In addition, DAMAC s hospitality portfolio will extend to reach around 10,000 hotel rooms, serviced hotel apartments and serviced villas.* Luxury living, iconic design and the highest levels of quality are the specialities of DAMAC. Known for its innovative products, the Company has partnered with some of the most recognisable fashion and lifestyle brands in the world to bring new and exciting living concepts to the market. With vision and momentum, DAMAC is shaping the next generation of luxury living. 3. Landscape Designer: Chris Blandford Associates Limited OTHER PROJECTS BY THE LEAD ARCHITECT Shanghai World Financial Center, and Landmark Mandarin Oriental, Hong Kong; Heron Tower, London; Downtown Dubai; Abu Dhabi International Airport, UAE EXPECTED COMPLETION DATE Q4 2020 COUNCIL TAX Band H 2,772.53* *Based on 2018/2019 Council Tax figures. (Source: http://www.lambeth.gov.uk) GROUND RENT Studios One bedroom apartments Two bedroom apartments Three bedroom apartments Penthouses SERVICE CHARGE Estimated 5.74/sqft APARTMENT MIX TYPE % STUDIOS 8% 450 per annum 550 per annum 750 per annum 850 per annum 1,100 per annum 1 BR 31% 2 BR 47% Legal contribution There will be a discretionary contribution when using the recommended purchaser s solicitor. Documentation required for exchange of contract Photo identification passport or identification card A current utility bill or bank statement showing name and home address to be no older than three months Please be advised that the solicitors must have signed and certified the original copies of the above OR: A third party letter of compliance from the purchaser s solicitor; if the purchase is being taken under a Company name, then the following documentation must be provided: A copy of the Certificate of Incorporation and Memorandum of Articles and Association Evidence of the Company s registered address A list of directors and shareholders Individual photo identification and address identification for directors and shareholders 3 BR 13% PH 1% TOTAL 100% *This is an additional (chargable) option, not included in the service fee. *Figures as of 30th June 2018.
TRAVEL TIMES THE CITY OF LONDON King s Cross 11 mins Vauxhall Heathrow Airport 42 mins Oxford Circus 7 mins Bond Street 12 mins COVENT GARDEN SOHO COVENT GARDEN LEICESTER SQUARE MAYFAIR BLACKFRIARS TEMPLE PICCADILLY CIRCUS HYDE PARK The area will benefit from three iconic attractions; a regenerated Battersea Power Station, the new United States Embassy and New Covent Garden Market. It will also include almost three kilometres of Thames river frontage, lined with cafés, bars, restaurants, cultural attractions and public space. A new linear park will run through the area from east to west, making it one of the greenest districts on London s South Bank. Canary Wharf CHARING CROSS EMBANKMENT GREEN PARK HYDE PARK CORNER Knightsbridge 11 mins SOUTHWARK WESTMINSTER SOUTHWARK BUCKINGHAM PALACE ST JAMES S PARK BELGRAVIA 2 mins 15 mins BOROUGH WATERLOO Victoria 24 mins London Bridge LAMBETH NORTH WESTMINSTER LAMBETH ELEPHANT & CASTLE SLOANE SQUARE PIMLICO PIMLICO VAUXHALL KENNINGTON US EMBASSY Vauxhall Gatwick Airport OVAL BATTERSEA (PROPOSED) 45 mins NINE ELMS (PROPOSED) Source: TFL.gov.uk
IMPORTANT NOTICE All specifications, pictures, diagrams, layouts, photographs and other graphic material used are for illustrative purposes only. Layouts and Individual features, specifications and items may vary or be substituted for replacement layouts, features, specifications or items of equivalent standard and style. The above material is correct at the time of print but may be subject to change as necessary and without notice. Specifications are indicative of the quality and style of the specifications only and may not represent wholly the actual specifications at the development. Specifications and graphic materials are not intended to form part of any contract or warranty unless specifically incorporated in writing into the contract. DAMAC TOWER NINE ELMS LONDON, A PROJECT BY NINE ELMS PROPERTY LIMITED, A WHOLLY OWNED SUBSIDIARY OF DAMAC INTERNATIONAL LIMITED. DAMACTOWER.CO.UK September 2018 RM